Stochastic Frontiers Approach: an Empirical Analysis of Italian Environmental Spending

Castelli, A; Vignani, D

Risultato della ricerca: Paper

Abstract

Using the stochastic frontiers approach (SFA) on a panel of Italian regional data, this paper tries to analyse the optimal design of environmental spending. The main question is, so forth, studying centralization vs decentralization of a public economic function, such as the protection of the environment, in order to improve the welfare of a country. Empirical results on Italy are ambiguous: the changing from a centralized to a decentralized government, giving more autonomy to local units, does not highlight a clear improvement in regional economic performance.
Lingua originaleEnglish
Stato di pubblicazionePublished - 2012

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Empirical analysis
Stochastic frontier approach
Government
Centralization
Empirical results
Regional economics
Economic performance
Italy
Autonomy
Decentralization

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Stochastic Frontiers Approach: an Empirical Analysis of Italian Environmental Spending. / Castelli, A; Vignani, D.

2012.

Risultato della ricerca: Paper

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